Boeing shares fall again as crash probes intensify

Boeing shares fell 3 percent on Monday after a pair of newspaper reports over the weekend raised more questions about the certification process for its 737 MAX jets before two recent deadly crashes. A Wall Street Journal report on Sunday said the US Transportation Department was probing the Federal Aviation Administration’s approval of the 737…
Business | New York Post

SPECIAL DISCOUNT UPDATE:

Factbox: What we know about Boeing 737 MAX crash and what comes next

More than 300 Boeing 737 MAX 8 and MAX 9 passenger jets around the world have been taken out of service following two fatal crashes over the past five months in Ethiopia and Indonesia that killed almost 350 people in all.


Reuters: Business News

SPECIAL DISCOUNT UPDATE!

Jos. A. Bank: Daily Deals From Jos. A. Bank – Get Up to 75% Off!

What we know about Boeing 737 MAX crash and what comes next

More than 300 Boeing 737 MAX 8 and MAX
9 passenger jets around the world have been taken out of service
following two fatal crashes over the past five months in
Ethiopia and Indonesia that killed almost 350 people in all.
The causes of both crashes are still under investigation.
One of the biggest unanswered questions: Was the plane’s
software to blame?

WHAT WE KNOW
– Boeing has stopped


Reuters: Company News

SPECIAL DISCOUNT DEAL:

Find the Best Daily Deal in Your Neighborhood

It’s ‘common sense’ to ground the Boeing 737 Max 8, transportation expert says

Jonathan Weaks, president of the Southwest Airlines Pilots' Association, and John Samuelsen, international president of the Transport Workers Union of America, join "Squawk Box" to discuss the FAA's decision to ground the Boeing 737 Max 8 following the deadly Ethiopian Airlines crash.
Travel

BEST TRAVEL DEAL:

‘Start Here’: US joins Boeing ban, and Paul Manafort is indicted after he’s sentenced

It’s Thursday, March 14, 2019. Here’s what you need to know to start your day.
ABC News: Top Stories

SPECIAL NEWS BULLETIN:

http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release of the American Consultants Rx community service project which consist of millions of free discount prescription cards being donated to thousands of not for profits,hospitals,schools,churches,etc. in an effort to assist the uninsured,under insured,and seniors deal with the high cost of prescription drugs.-American Consultants Rx -Pharmacy Discount Network News

BEST DEAL UPDATE BY AMERICAN CONSULTANTS RX:

Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine!

SPECIAL DONATION REQUEST:

Please help American Consultants Rx achieve it’s biggest goal yet of donating over 30 million discount prescription cards to over 50k organizations in an effort to assist millions of Americans in need. Please click here to donate today!

Boeing Crisis Escalates as 737 MAX is Barred from Australia and Singapore

Boeing Co. is facing a growing crisis of confidence over its 737 Max jet, as regulators and airlines from Singapore to Australia move to ground or block the plane following two deadly crashes in five months.

A day after U.S. regulators stood by the jet’s airworthiness, airlines and aviation authorities from South America to Asia instead opted for a zero-risk approach. Australia followed Singapore in temporarily blocking the 737 Max from its airspace, meaning the newest version of Boeing’s best-selling model is now barred from Asia’s second-busiest international airport and a key long-distance travel destination.

The Civil Aviation Authority of Singapore barred any Boeing 737 Max flight in and out of the city-state. The decision dragged airlines including Singapore Airlines Ltd.’s SilkAir, China Southern Airlines Co., PT Garuda Indonesia and Shandong Airlines Co. into a standoff with the Chicago-based plane maker and the U.S. regulator.

The similarities between Sunday’s disaster in Ethiopia and an October crash in Indonesia, both involving the Boeing 737 Max aircraft, have spooked travelers and sparked worries that the jet is fatally flawed. Despite the U.S. Federal Aviation Administration’s verdict that the plane remains safe to fly, the model was struck by the fresh wave of groundings that could potentially snowball into lost aircraft sales.

“During the temporary suspension, CAAS will gather more information and review the safety risk associated with the continued operation of the Boeing 737 Max aircraft into and out of Singapore,” the authority said.

The announcement follows Max jet groundings by low-cost Brazilian carrier Gol Linhas Aereas Inteligentes SA and Grupo Aeromexico SAB. Hours earlier, the Mexican carrier had said its Max aircraft were in perfect condition.

The spreading cautionary moves are a reaction to the two deadly catastrophes that have eroded faith in the world’s most widely flown jetliner, even after the FAA said there isn’t conclusive evidence so far to link the crashes.

Dual Crashes

The Ethiopian Airlines jet crashed minutes after takeoff on March 10, killing all 157 people on board. That accident was preceded by a crash of the same model operated by Indonesia’s Lion Air on Oct. 29, in which pilots struggled to maintain control following an equipment malfunction. Chicago-based Boeing is racing to roll out software improvements for the aircraft to help prevent a repeat of the Lion Air crash.

Singapore’s ban on 737 Max aircraft, no matter which carrier is operating the planes, is wider than the freeze put in place Monday by China and Indonesia, which both grounded their airlines’ 737 Max 8 aircraft.

Singapore’s suspension includes both the Max 8 and 9 variants and affects foreign carriers that deploy the aircraft for flights into the island-city, the CAAS said. Singapore is monitoring the situation and is in close contact with Boeing as well as the FAA and other aviation regulators, it said.

The 737 Max is the newest version of Boeing’s most important aircraft type, a plane family that generates almost one-third of the company’s operating profit. The narrow-body jet forms the backbone of many global airline fleets that use the model and Airbus SE’s competing A320 line on shorter routes.

Fortune

SPECIAL NEWS BULLETIN:

http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release of the American Consultants Rx community service project which consist of millions of free discount prescription cards being donated to thousands of not for profits,hospitals,schools,churches,etc. in an effort to assist the uninsured,under insured,and seniors deal with the high cost of prescription drugs.-American Consultants Rx -Pharmacy Discount Network News

CHARITY UPDATE:

Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine!

SPECIAL DONATION REQUEST UPDATE:

Please help American Consultants Rx achieve it’s biggest goal yet of donating over 30 million discount prescription cards to over 50k organizations in an effort to assist millions of Americans in need. Please click here to donate today!

Exclusive: SpaceX, Boeing design risks threaten new delays for U.S. space program

NASA has warned SpaceX and Boeing Co of design and safety concerns for their competing astronaut launch systems, according to industry sources and a new government report, threatening the U.S. bid to revive its human spaceflight program later this year.


Reuters: Science News

BEST DEAL UPDATE:

Spire.io – Over 50 Million Minutes of Calm Discovered!

Boeing Nominates Nikki Haley to Join Board of Directors

The U.S. may still not have a new U.S. Ambassador to the United Nations, but the former occupant of that position is keeping herself busy.

Nikki Haley has not only launched a new policy group and has a book coming out later this year, she has also been nominated to join Boeing’s board of directors.

Boeing announced her nomination on Tuesday. “Ambassador Haley brings to Boeing an outstanding record of achievement in government, industry partnership, and successfully driving economic prosperity for communities in America and around the world,” said Boeing Chairman, President and Chief Executive Officer Dennis Muilenburg.

“Boeing will benefit greatly from her broad perspectives and combined diplomatic, government and business experience to help achieve our aspiration to be the best in aerospace and a global industrial champion,” he added.

Haley, who resigned as ambassador to the UN at the end of last year, noted in her resignation letter that she was seeking a “step up” in the private sector. In a statement, she called her nomination to Boeing an “honor.”

Haley has previously held close ties with the corporation, helping it build new facilities in South Carolina when she served as the state’s governor. There remain approximately 7,000 Boeing employees in South Carolina.

Shareholders will vote on Haley’s nomination at Boeing’s annual meeting on April 29.

Fortune

SPECIAL NEWS BULLETIN:

http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release of the American Consultants Rx community service project which consist of millions of free discount prescription cards being donated to thousands of not for profits,hospitals,schools,churches,etc. in an effort to assist the uninsured,under insured,and seniors deal with the high cost of prescription drugs.-American Consultants Rx -Pharmacy Discount Network News

CHARITY UPDATE:

Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine!

SPECIAL DONATION REQUEST UPDATE:

Please help American Consultants Rx achieve it’s biggest goal yet of donating over 30 million discount prescription cards to over 50k organizations in an effort to assist millions of Americans in need. Please click here to donate today!

Air Force receives first Boeing KC-46 tankers after a two-year delay and $3 billion in cost overruns

The two KC-46 tankers, derived from Boeing's commercial 767 airframe, touched down at McConnell Air Force base in Kansas on Friday after departing the company's Everett, Washington, facility.
Politics

BEST DEAL UPDATE:

Save 50% Today! Get 24/7 Access to Your Credit Scores & Reports with TransUnion

Boeing may have withheld some 737 MAX risks

Newsy

SPECIAL NEWS BULLETIN:

http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release of the American Consultants Rx community service project which consist of millions of free discount prescription cards being donated to thousands of not for profits,hospitals,schools,churches,etc. in an effort to assist the uninsured,under insured,and seniors deal with the high cost of prescription drugs.-American Consultants Rx -Pharmacy Discount Network News

CHARITY UPDATE:

Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine!

SPECIAL DONATION REQUEST UPDATE:

Please help American Consultants Rx achieve it’s biggest goal yet of donating over 30 million discount prescription cards to over 50k organizations in an effort to assist millions of Americans in need. Please click here to donate today!